Affle 3i Limited (NSE:AFFLE) Released Earnings Last Week And Analysts Lifted Their Price Target To ₹1,985

It's been a good week for Affle 3i Limited (NSE:AFFLE) shareholders, because the company has just released its latest quarterly results, and the shares gained 5.6% to ₹1,983. Affle 3i reported in line with analyst predictions, delivering revenues of ₹6.2b and statutory earnings per share of ₹7.50, suggesting the business is executing well and in line with its plan. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Affle 3i after the latest results.

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After the latest results, the eleven analysts covering Affle 3i are now predicting revenues of ₹27.3b in 2026. If met, this would reflect a notable 15% improvement in revenue compared to the last 12 months. Per-share earnings are expected to climb 19% to ₹33.93. Yet prior to the latest earnings, the analysts had been anticipated revenues of ₹27.4b and earnings per share (EPS) of ₹33.68 in 2026. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results.

See our latest analysis for Affle 3i

With the analysts reconfirming their revenue and earnings forecasts, it's surprising to see that the price target rose 8.3% to ₹1,985. It looks as though they previously had some doubts over whether the business would live up to their expectations. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. There are some variant perceptions on Affle 3i, with the most bullish analyst valuing it at ₹2,164 and the most bearish at ₹1,500 per share. There are definitely some different views on the stock, but the range of estimates is not wide enough as to imply that the situation is unforecastable, in our view.

Of course, another way to look at these forecasts is to place them into context against the industry itself. It's pretty clear that there is an expectation that Affle 3i's revenue growth will slow down substantially, with revenues to the end of 2026 expected to display 21% growth on an annualised basis. This is compared to a historical growth rate of 32% over the past five years. Juxtapose this against the other companies in the industry with analyst coverage, which are forecast to grow their revenues (in aggregate) 11% per year. Even after the forecast slowdown in growth, it seems obvious that Affle 3i is also expected to grow faster than the wider industry.

The Bottom Line

The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Fortunately, they also reconfirmed their revenue numbers, suggesting that it's tracking in line with expectations. Additionally, our data suggests that revenue is expected to grow faster than the wider industry. We note an upgrade to the price target, suggesting that the analysts believes the intrinsic value of the business is likely to improve over time.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have forecasts for Affle 3i going out to 2028, and you can see them free on our platform here.

Another thing to consider is whether management and directors have been buying or selling stock recently. We provide an overview of all open market stock trades for the last twelve months on our platform, here.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.